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World Map / Upcoming Elections / US Presidential election 2016 / US Election Updates / US will never default on debt, says Trump

2016 Presidential Election
Updates
Date

US Election Updates - May 10, 2016

US will never default on debt, says Trump

In an attempt to clarify his strategy for managing the national debt, Donald Trump declared that the US would never have to default on debt simply because the country prints the money. He also informed about centering his approach on debt buybacks in case the interest rates shoot up. That means, US would be able to buy back debt at a discounted price.